Keep the lights on if you become disabled

Keep the lights on if you become disabled

As a self-employed professional or owner of a small business, you are the most important asset to your business. Because of this, if you become too sick or hurt to work, you could be facing a double jeopardy - how to replace your income for personal expenses and how to continue paying business expenses.

It doesn't have to be a balancing act

Protecting your personal budget and your business from disability doesn’t have to be a balancing act. 

It boils down to one thing. If you become disabled, you don’t want to have to use your personal disability income (DI) insurance benefits to keep your business running. You need a policy tailored specifically to your business needs.

Solutions for you and your business

The best solution may be to own both – an individual DI policy and a Business Overhead Expense (BOE) policy.

An individual DI policy is just that, a policy that helps protect your income should you no longer be able to work. A BOE policy reimburses you for the expenses required to maintain your business if you are disabled. Overhead expenses might include accounting fees, advertising, insurance, interest, legal fees, rent, repairs, supplies, taxes, phone bills, travel expenses and utilities.

Know your odds

You might be thinking that disability can’t happen to you, but it can. Nearly one in four men can expect to suffer a disability that keeps them out of work for 90 days or longer at some point in their working years. For women, the odds are about one in three. And one in seven workers can expect to be disabled for five or more years before retirement.* These facts aren’t meant to scare you, but to show you what really happens.

Next steps

You undoubtedly have questions about how to develop an individual DI and BOE plan that is right for you. Talk to an Ohio National financial professional today. He or she will guide you through every step.

And in the meantime, take a few minutes to learn more about Ohio National’s DI products for both individual and BOE.

*Source: The Council for Disability Awareness. Disability statistics. Retrieved from
Updated March 28, 2018.


Disability income insurance policies issued by Ohio National Life Assurance Corporation. Product, product features and rider availability vary by state. Guarantees are based upon the claims-paying ability of the issuer. Disability income insurance is not available in CA. Issuers not licensed to conduct business in NY.

Disability income insurance policies contain exclusions, limitations, reduction of benefits and terms under which the policy may be continued in force or discontinued. For complete details of coverage, contact your financial professional or the company.